157 Lemarchant Road St. John'S, NL A1C 2H4
Listing Courtesy of:  CREA / Re/Max Realty Specialists

  157 Lemarchant Road St. John'S, NL A1C 2H4

Active (1 Days)
$850,000 (CAD)
16
BED
6
BATH
6,000
SQFT

Description

Positioned close to downtown St John's, this rare and historically significant property presents a unique redevelopment and investment opportunity. Originally constructed in 1892, the building was once two separate homes that were later combined into one expansive residence, resulting in an impressive footprint and a layout that offers remarkable flexibility for future use. The property currently features 16 bedrooms and 5.5 operational bathrooms, making it well-suited for a variety of residential, institutional, or mixed-use applications permitted under its RM zoning designation. The zoning allows for numerous residential and complementary commercial possibilities, subject to municipal approvals, creating strong potential for investors, developers, or organizations seeking a centrally located property with scale and character. A notable feature of the property is its existing life safety infrastructure, including a fire escape system and fire alarm system that is professionally inspected on an annual basis. The property also benefits from a valuable downtown parking lot — an increasingly rare asset in this highly sought-after area of St. John's. While the home is currently in disrepair and will require significant renovation and modernization, its size, history, architectural presence, and location offer exceptional upside potential. Properties of this scale and character rarely come to market, particularly within close proximity to major institutions, downtown amenities, medical services, and transit routes. With vision and restoration, this landmark property could be transformed into a standout residential investment, professional residence, multi-unit development, hospitality concept, student housing opportunity, or other creative mixed-use venture consistent with RM zoning allowances. This is a rare opportunity to restore and reimagine a piece of St. John’s history in one of the city’s most strategic and high-demand locations. (id:41440)

MLS®:
1297326
Taxes
$6,406(2026)
Type
Single-Family Home
Year Built
1892

Listed By

Jillian Hammond, Re/Max Realty Specialists
Source
CREA
Last checked May 12 2026 at 11:02 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 5
  • Partial Bathroom: 1
Interior Features
  • Washer
  • Dryer
Property Features
  • Foundation: Concrete
Heating and Cooling
  • Baseboard Heaters
  • Electric
Flooring
  • Mixed Flooring
Exterior Features
  • Other
Utility Information
  • Sewer: Municipal Sewage System
Living Area
  • 6,000 sqft
Location
   
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 5/12/26 16:02